Galaxy Entertainment Group Stock Market Value

GXYEF Stock  USD 4.81  0.67  16.18%   
Galaxy Entertainment's market value is the price at which a share of Galaxy Entertainment trades on a public exchange. It measures the collective expectations of Galaxy Entertainment Group investors about its performance. Galaxy Entertainment is trading at 4.81 as of the 14th of December 2024. This is a 16.18 percent increase since the beginning of the trading day. The stock's lowest day price was 4.81.
With this module, you can estimate the performance of a buy and hold strategy of Galaxy Entertainment Group and determine expected loss or profit from investing in Galaxy Entertainment over a given investment horizon. Check out Galaxy Entertainment Correlation, Galaxy Entertainment Volatility and Galaxy Entertainment Alpha and Beta module to complement your research on Galaxy Entertainment.
Symbol

Please note, there is a significant difference between Galaxy Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Galaxy Entertainment 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Galaxy Entertainment's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Galaxy Entertainment.
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11/14/2024
No Change 0.00  0.0 
In 31 days
12/14/2024
0.00
If you would invest  0.00  in Galaxy Entertainment on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Galaxy Entertainment Group or generate 0.0% return on investment in Galaxy Entertainment over 30 days. Galaxy Entertainment is related to or competes with AMCON Distributing, Tyson Foods, National Beverage, Marfrig Global, Bridgford Foods, and Where Food. Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment, and construc... More

Galaxy Entertainment Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Galaxy Entertainment's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Galaxy Entertainment Group upside and downside potential and time the market with a certain degree of confidence.

Galaxy Entertainment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Galaxy Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galaxy Entertainment's standard deviation. In reality, there are many statistical measures that can use Galaxy Entertainment historical prices to predict the future Galaxy Entertainment's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Galaxy Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.144.819.48
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Intrinsic
Valuation
LowRealHigh
0.204.008.67
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Galaxy Entertainment Backtested Returns

Galaxy Entertainment appears to be unstable, given 3 months investment horizon. Galaxy Entertainment holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Galaxy Entertainment's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Galaxy Entertainment's Downside Deviation of 7.25, market risk adjusted performance of (0.38), and Risk Adjusted Performance of 0.0865 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galaxy Entertainment holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -1.29, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Galaxy Entertainment are expected to decrease by larger amounts. On the other hand, during market turmoil, Galaxy Entertainment is expected to outperform it. Please check Galaxy Entertainment's total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and rate of daily change , to make a quick decision on whether Galaxy Entertainment's current trending patterns will revert.

Auto-correlation

    
  0.91  

Excellent predictability

Galaxy Entertainment Group has excellent predictability. Overlapping area represents the amount of predictability between Galaxy Entertainment time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Galaxy Entertainment price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Galaxy Entertainment price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.07

Galaxy Entertainment lagged returns against current returns

Autocorrelation, which is Galaxy Entertainment pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Galaxy Entertainment's pink sheet expected returns. We can calculate the autocorrelation of Galaxy Entertainment returns to help us make a trade decision. For example, suppose you find that Galaxy Entertainment has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
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Galaxy Entertainment regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Galaxy Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galaxy Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galaxy Entertainment pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Galaxy Entertainment Lagged Returns

When evaluating Galaxy Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galaxy Entertainment pink sheet have on its future price. Galaxy Entertainment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Galaxy Entertainment autocorrelation shows the relationship between Galaxy Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Galaxy Entertainment Group.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Galaxy Pink Sheet

Galaxy Entertainment financial ratios help investors to determine whether Galaxy Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Galaxy with respect to the benefits of owning Galaxy Entertainment security.